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A comment on Microsoft is the first big company to say it's serving the legal marijuana trade. Parent comment

Re:Microsoft is the first big company to say it's serving th... by chiph on Thursday June 16, 2016 @02:28PM (#11917953)
A friend of a friend was hired as a CFO at a dispensary, and pretty much had to create an entire accounting system from scratch. Cash management consisted of employees driving around to the store and collecting the money, as the armored car firms wouldn't accept their business. So he set up a subsidiary that went out and bought some armored cars and was able to safely transport the money, staffed with former military. .. they had the cash for it, so why not?
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Re:Microsoft is the first big company to say it's serving th... by aphextron on Thursday June 16, 2016 @03:13PM (#11918203)
Why is that? Even software firms don't want to deal with weed?
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Re:Microsoft is the first big company to say it's serving th... by jeromegv on Thursday June 16, 2016 @03:20PM (#11918247)
Not so much the software companies, it's the payment processing companies that are risk-averse.
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Re:Microsoft is the first big company to say it's serving th... by stephengillie on Friday June 17, 2016 @12:26AM (#11920681)
As a customer, these shops have to jump through some amazing hoops just to provide standard POS debit/credit. One store has to process all payments as an ATM withdrawal, and must give change so the "ATM withdrawal" will round to the nearest $5.
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Re:Microsoft is the first big company to say it's serving th... by chiph on Thursday June 16, 2016 @05:06PM (#11918860)
When you buy an accounting system there's a lot of customization that goes on to set up your chart of accounts, configure check printing, etc. They were apparently running the business off an Excel spreadsheet, so even Quickbooks would have been a step up.
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